Recent Posts

In Oregon, progressivism spills over at the pump

Frank Lloyd Wright purportedly said, “Tip the world over on its side and everything loose will land in Los Angeles.” Today, however, Oregon is the state with the strangest state of mind, which has something to do with it being impeccably progressive: In the series ‘Portlandia,’ the mention of artisanal lightbulbs might be satirical, but given today’s gas-pumping controversy, perhaps ...

Read More »

Draghi unheeded as ECB minutes prompt new bets on 2018 hike

Bloomberg The European Central Bank is again struggling to get the message across to markets that any unwinding of stimulus will be slow and steady. The euro soared, bonds slid and investors this week stepped up bets that interest rates will rise before the end of 2018, disregarding President Mario Draghi’s assurances that no such thing will happen until well ...

Read More »

HSBC hires from Goldman, JPMorgan for Asia equities

Bloomberg HSBC Holdings Plc made a slew of hires from rivals including Goldman Sachs Group Inc. as the bank revamps its equities business in the Asia-Pacific region and expands a nascent majority-owned securities venture in China, people familiar with the matter said. Among the recent additions are Michael Parry, who joined from Goldman Sachs as a director focused on Asian ...

Read More »
Send this to a friend